- Market veteran Keith Fischer joins real estate private equity firm
- Key addition to the origination team of Kildare Partners
- Second fund aggregates USD 4 billion of capital commitments
London/Frankfurt, February 5, 2018 - Kildare Partners, the European real estate private equity firm founded in 2013 by Ellis Short, has announced that it has hired Keith Fischer as Partner and Senior Managing Director. Fischer, a 25-year veteran of the German real estate market, has held senior positions at Lehman Brothers and Orion Capital Managers and is the founder of Elystan Capital Partners. Prior to joining Kildare, Fischer acted as Senior Advisor at Varde Partners. He will be based in Germany and will be responsible for deal origination in Germany and Central and Eastern Europe.
Kildare's investments in Germany to date include the acquisitions of two large real estate portfolios with an aggregate value of USD 1.7 billion from Deutsche Bank and GE Capital. In August, Kildare closed its second fund with equity commitments of USD 2 billion. The firm invests in all types of real estate opportunities in Europe including direct investments, real estate companies and well as loans secured by real estate assets. Since 2013, Kildare has closed eighteen investments with an aggregate value of USD 4.6 billion.
Jay C. McLennan, President and partner of Kildare who heads the funds' origination efforts: "We are excited to add Keith to our origination team. His experience and depth of knowledge of the German market and the real estate business should position us well to add to our portfolio in Germany as well as CEE."
Keith Fischer: "I'm proud to be joining Kildare. Together with its asset management affiliate, Curzon Advisers, Kildare can execute even the largest and most complex transactions. This execution capability is an important part of Kildare's success and is particularly applicable to Germany and CEE. "
ABOUT KILDARE PARTNERS
Kildare Partners is a private equity organization that targets opportunistic, control investments in commercial real estate related opportunities, including both debt and equity products, exclusively in Europe. Since its establishment in 2013, Kildare has organized two funds with $4 billion of aggregate capital commitments from global institutional investors. To date, Kildare has closed 18 investments at an aggregate purchase price of $4.6 billion. Kildare's senior leadership individually average over 20 years of professional experience in acquiring, managing, and disposing of illiquid assets, as well as organizing and managing investor capital in multiple countries. The shared vision of these individuals has allowed Kildare to quickly establish a presence in the marketplace as a reputable counterparty with proven leadership. Asset management, loan servicing, special servicing, due diligence and other asset management services are provided on an exclusive basis by UK-based, Curzon Advisers Limited.
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